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This is a good explanation to how real estate bubble forms. The market feeds itself to push the prices up, but eventually it will reach turning point, and the bubble bursts., Z) i+ P j5 L0 X- E+ ?
, Z4 A1 U* D, F9 i$ PThe risks to the current market:5 h6 f D9 J( c- Y
1) Mortgage rates go up' }( V( ]; A; e4 _# x: H; |
2) Oil price dropps* _5 I8 e X1 x" `
3) Less influx& \6 E* v. o, D) T" Q
4) Speculators quit